Document library
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Enterprise Risk Management (ERM) Practice Area and Risk Management Interest Group (RMIG). Newsletter 2. June 2008
ERM Practice Area and Risk Management Interest Group (RMIG) Dear Member, (scroll down to find out more about) • ERM Practice Area (Vision and Strategic Objectives) • ERM Committee Structure – call for volunteers • RAMP and ERM – call for ... read more >>
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- Author:
- Life Office Taxation Working Party; Matthew Little
Capital gains tax reform and the life assurance industry
A look at the impact of the recent changes to the taxation of capital gains. AMP\H:\Tax\Tax_Update_2006 v4.0.doc Capital Gains Tax Reform and the Life Assurance Industry Matthew Little takes a look at the impact of the recent changes to the taxation ... read more >>
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- Author:
- Life practice executive committee
Life research committee terms of reference
Life Research Committee Terms of Reference 1. To stimulate and identify life subjects suitable for research and to make appropriate arrangements for such subjects to be addressed e.g. by establishing time-bound working parties or highlighting ... read more >>
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- Author:
- Life Insurance Practice Executive Committee
- Source:
- Briefing statement.
Briefing note. Income drawdown
This paper has been prepared by the Actuarial Profession to explain how income drawdown works. It defines income drawdown, compares it with annuities and examines in some detail the risks associated with this type of plan, BRIEFING NOTE Income ... read more >>
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- Author:
- Monica Cornall
- Source:
- Current issues in life assurance seminar, 30 May 2008
Solvency II - Update
Date 1 Insurance CILA* Solvency II - Update May 2008 Solvency II Update Monica Cornall Slide 3 • Principles • Timetable • Directive • QIS4 Overview - Technical Provisions - SCR - MCR - Internal Models • Planning for the ... read more >>
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- Author:
- Scott Eason
- Source:
- Current issues in life assurance (CILA) seminar, 30 May 2008
Impact of credit markets - Life Office perspective
IMPACT OF CREDIT MARKETS - LIFE OFFICE PERSPECTIVE Scott Eason 30 May 2008 Simplistic model of credit crunch Economic conditions worsened Banks lost money on US sub-prime Credit spreads on Financials widened and market shrunk Lending severely ... read more >>
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- Author:
- Tim Stedman
- Source:
- Current issues in life assurance seminar, 30 May 2008
Alternative sources of capital: ISPV (handouts)
1 Alternative Sources of Capital: ISPV Tim Stedman 30 May 2008 Agenda ? ISPVs ? L&G Structure ? Financing Arrangements ? Issues – Internal vs External ISPVs ISPVs – Key Features ? Introduced via implementation of Reinsurance Directive ? ... read more >>
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- Author:
- David Keeler
- Source:
- Current issues in life assurance seminar, 30 May 2008
Challenges of the UK capital regime (handouts)
1 Consumer Issues in Critical Illness David Keeler 7 December 2005 Critical Illness product innovation Introduced into UK from South Africa and became very popular: Sales of more than 1 million policies in 2002 Reassurers supported early ... read more >>
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- Author:
- Andrew Burke\; David Murray
- Source:
- Current issues in life assurance seminar, 30 May 2008
Dear CEO letter on with profits (handouts)
1 CURRENT ISSUES IN LIFE ASSURANCE SEMINAR ROYAL COLLEGE OF PHYSICIANS, LONDON 30 MAY 2008 Dear CEO Letter on With Profits David Murray, Deloitte Andrew Burke, Pearl Group 30 May 2008 Governance issues 2 ? “We expect senior management to achieve an ... read more >>
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- Author:
- Colm Guiry
- Source:
- Current issues in life assurance seminar, 30 May 2008
Alternative sources of capital (handouts)
1 CURRENT ISSUES IN LIFE ASSURANCE SEMINAR ROYAL COLLEGE OF PHYSICIANS, LONDON 30 MAY 2008 Alternative sources of capital Overview of presentation: ?Introduction ?Case studies: ? 1. Bank of Ireland (Index-linked “securitisation”) ? 2. Legal & ... read more >>
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- Author:
- Monica Cornall
- Source:
- Current issues in life assurance seminar, 30 May 2008
Solvency II - Update
1 10/20/2003 Working Party: Monica Cornall Jan Sparks Margaret Chan Healthcare Conference 6th October 2003 Risk and Reward UK Vaccination Programme 10/20/2003 Meas les ex plosi on pred icted Twins stop breathing after jabs Calls are being made for ... read more >>
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- Author:
- Julian Callow
- Source:
- Current issues in life assurance seminar, 30 May 2008
Global economic outlook
Global economic outlook Julian Callow, Head of Economic Research, Barclays Capital May 2008 Global economic themes Global monetary policy has been loose, not tight. Central banks have a vested interest in keeping global growth going. The balance sheets ... read more >>
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- Author:
- General Insurance Board; Current Issues Committee
General Insurance Current Issues Committee Newsletter. May 2008
The content of this newsletter is a summary of some of the current issues that might be of interest to UK General Insurance actuaries that have come to the attention of the Current Issues Committee. Contents include: market news; claims and legal issues; ... read more >>
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- Source:
- Response from the Actuarial Profession
Conceptual framework for technical actuarial standards and scope and authority of technical standards. BAS Exposure Draft. Comments from the Actuarial Profession
The Actuarial Profession welcomes the exposure drafts published by the Board for Actuarial Standards (BAS) on its Conceptual Framework for Technical Actuarial Standards and Scope and Authority of Technical Standards as we believe that BAS has responded ... read more >>
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- Author:
- Continuous Mortality Investigation
Recording of date of claim for critical illness claims (version 2)
Analysis of claims experience for critical illness cover by the CMI has highlighted certain issues relating to the recording of date of claim. The CMI duly sought the assistance of the Health Claims Forum to seek to standardise recording practices amongst ... read more >>
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- Author:
- Mark White
- Source:
- Current Issues in General Insurance seminar 2008
Embedding ICA in the organisation. A risk manager's perspective (handouts)
GIRO INSURANCE CONVENTION 2003 CYNIC AND IDEALIST: TWO VIEWS OF THE INSURANCE CYCLE (and of the general insurance business) Martin White ABSTRACT Given the destruction of value achieved by so many insurers and reinsurers over recent years, how can ... read more >>
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- Author:
- James Orr
- Source:
- Current Issues in General Insurance seminar 2008
FSA Update
THE OVERHAUL OF LLOYD’S REALISTIC DISASTER SCENARIOS 2003 UPDATE Loss Modelling Team Risk Management Lloyd’s James Orr Bozena Piniecka Sean Choi 1 INTRODUCTION This paper has been produced by the members of the Loss Modelling Team ... read more >>
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- Author:
- Graham Fulcher
- Source:
- Current Issues in General Insurance seminar 2008
Implications of sub-prime for non-life insurance
Current Issues in General Insurance Conference 2008 “Implications of Sub-Prime for Non-Life insurance” Graham Fulcher – Chairman GIRO Securitisation of Non-Life Insurance Working Party The lessons arising for the banking and finance industry from ... read more >>
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- Author:
- Vincent Branch
- Source:
- Current issues in general insurance seminar, 19 May 2008
Responses to the soft market (handouts)
Date 1 Institute of Actuaries London Market Seminar Embedding Technical Pricing Vincent Branch • July 2007 ??? PricewaterhouseCoopers LLP • 1 Embedding Technical Pricing Contents • What is the scale of the challenge? - Progress to Date - An ... read more >>
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- Author:
- Marylene Lanari-Boisclair
- Source:
- Our changing future meeting, 19 May 2008
IFRS Phase II Changing our Future?
IFRS Phase II ... Changing our Future? “Our Changing Future” meeting 19 May 2008 Marylène Lanari-Boisclair Deloitte Insurance Centre of Excellence "Our Changing Future" May 2008 - IFRS Insurance Phase II2 © 2008 Deloitte & ... read more >>